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The move was initiated two months ago when the agency wrote to SHCIL, asking the depository to transfer the title and rights of non-pledged shares of UBL, United Spirits Ltd (USL) and McDowell Holdings Ltd wortjh Rs 4,000 crores under section 9 of PMLA.

According to Indian Express, the Stock Holding Corporation of India Ltd (SHCIL) has transferred share worth Rs 100crore of United Breweries Ltd to central government.

The move was initiated two months ago when the agency wrote to SHCIL, asking the depository to transfer the title and rights of non-pledged shares of UBL, United Spirits Ltd (USL) and McDowell Holdings Ltd worth Rs 4,000 crores under section 9 of PMLA.